PharmaRun, an online platform offering pharmaceutical products and services, including BNPL options, has won the 2023 Pitch2Win competition. The competition, which was held in Lagos, Nigeria, saw startups from across the country compete for a $10,000 grand prize.
PharmaRun was founded in 2021 by Teniola Adedeji and Funmilola Aderemi. The company’s mission is to make it easier and more convenient for people to access pharmaceutical products and services.
PharmaRun offers a wide range of products, including prescription and over-the-counter medications, as well as beauty and personal care products. The company also offers BNPL options, which make it easier for customers to afford their purchases.
PharmaRun was selected as the winner of Pitch2Win for its impressive monthly revenue of over $18,000, its large addressable market, and its strong team.
The company’s co-founders, Teniola Adedeji and Funmilola Aderemi, were also praised for their passion and commitment to the company.
In addition to the $10,000 grand prize, PharmaRun also won a year of free legal services from the law firm of Olaniwun Ajayi LP. The company also received a mentorship package from the Pitch2Win team, as well as access to a network of investors and other industry experts.
In addition to PharmaRun, two other startups were also recognized at the Pitch2Win competition. Akowe, an ed-tech startup, won the $3,000 crowd favorite prize. ZeroComplex AI, an AI startup, was the runner-up in the competition.
Pitch2Win is a startup competition that is designed to help early-stage startups in Nigeria raise capital and grow their businesses. The competition is open to startups from all industries, and the winners receive a variety of prizes, including cash, legal services, mentorship, and access to a network of investors.
The Pitch2Win 2023 competition was a huge success. The event featured a keynote speech from Shola Akinlade, the co-founder of PayStack, as well as panel discussions with prominent startup founders and venture capital specialists. The competition also attracted a large audience of investors and other industry experts.
The Pitch2Win 2024 competition is scheduled to take place in early 2024. If you are an early-stage startup in Nigeria, I encourage you to consider entering the competition.
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